The share of corporations that may’t afford to pay the curiosity on their debt has reached a brand new all-time excessive within the wake of central financial institution intervention.
Our most important dialogue: The rise of zombie companies.
A zombie agency is an organization that may’t afford to service its debt from working revenue. These corporations are made attainable by artificially low rates of interest, and so they drain sources from the economic system.
On as we speak’s episode, NLW explains:
